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Mercantile Bank Corporation Increases Regular Cash Dividend
benzinga74d ago

Mercantile Bank Corporation Increases Regular Cash Dividend

Board declares $0.39 regular quarterly cash dividend on common stock, resulting in a current annual yield of approximately 3.1% percentGRAND RAPIDS, Mich., Jan. 20, 2026 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ:MBWM) ("Mercantile") announced today that on January 15, 2026, its Board of Directors declared a regular quarterly cash dividend of $0.39 per common share, payable on March 18, 2026, to holders of record as of March 6, 2026. The $0.39 cash dividend is 2.6 percent and 5.4 percent higher than the cash dividends paid during the fourth quarter and first quarter of 2025, respectively. "As demonstrated by our Board of Directors' declaration of an increased first quarter regular cash dividend, we remain committed ...Full story available on Benzinga.com

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